AM Online

Volkswagen profits take a dive

Volkswagen has announced that its operating profits dropped by more than 12% to €2.015bn (£1.39bn) in 2004 on revenues up 4.9% to €88.96bn (£61.22bn).

Net profit dropped to €717m (£493m), but net cash flow in VW’s automotive operations was €1.87bn, compared with a cash outflow of €2.49bn (£1.71bn) in 2003.

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Comment as guest


Login  /  Register

Comments

No comments have been made yet.